Coastal Property Plant Equipment vs Total Assets Analysis
CCB Stock | USD 77.99 1.30 1.70% |
Coastal Financial financial indicator trend analysis is way more than just evaluating Coastal Financial Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coastal Financial Corp is a good investment. Please check the relationship between Coastal Financial Property Plant Equipment and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coastal Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Property Plant Equipment vs Total Assets
Property Plant Equipment vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coastal Financial Corp Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Coastal Financial's Property Plant Equipment and Total Assets is 0.73. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets in the same time period over historical financial statements of Coastal Financial Corp, assuming nothing else is changed. The correlation between historical values of Coastal Financial's Property Plant Equipment and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Coastal Financial Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., Coastal Financial's Property Plant Equipment and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant Equipment
Total Assets
Total assets refers to the total amount of Coastal Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Coastal Financial Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Coastal Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coastal Financial Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coastal Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At present, Coastal Financial's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 12.7 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 101.8M | 213.6M | 330.4M | 346.9M | Total Revenue | 101.8M | 213.6M | 330.4M | 346.9M |
Coastal Financial fundamental ratios Correlations
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Coastal Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Coastal Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.8B | 2.6B | 3.1B | 3.8B | 3.9B | |
Total Current Liabilities | 308K | 154.2M | 357K | 21.1M | 3.3B | 3.5B | |
Total Stockholder Equity | 124.2M | 140.2M | 201.2M | 243.5M | 295.0M | 309.7M | |
Other Liab | 3.8M | 4.5M | 11.0M | 29.9M | 34.4M | 36.2M | |
Net Tangible Assets | 124.2M | 140.2M | 201.2M | 243.5M | 280.0M | 294.0M | |
Property Plant And Equipment Net | 21.6M | 24.2M | 23.3M | 23.2M | 28.0M | 19.3M | |
Net Debt | (95.6M) | (117.2M) | (754.0M) | (289.3M) | (429.3M) | (407.8M) | |
Retained Earnings | 37.2M | 52.4M | 79.4M | 120.0M | 165.3M | 173.6M | |
Accounts Payable | 308K | 531K | 2.2M | 21.1M | 34.5M | 32.8M | |
Cash | 127.8M | 163.1M | 813.2M | 342.1M | 483.1M | 247.4M | |
Non Current Assets Total | 58.8M | 53.5M | 68.4M | 132.1M | 192.4M | 202.0M | |
Non Currrent Assets Other | (58.8M) | (53.5M) | (68.4M) | (18.6M) | (192.4M) | (182.8M) | |
Other Assets | 910.6M | 1.5B | 1.7B | 2.5B | 2.4B | 1.3B | |
Long Term Debt | 23.6M | 13.6M | 52.9M | 47.6M | 47.7M | 34.1M | |
Cash And Short Term Investments | 156.2M | 183.5M | 848.5M | 439.5M | 582.6M | 611.8M | |
Common Stock Shares Outstanding | 12.2M | 12.2M | 12.5M | 13.5M | 13.6M | 11.5M | |
Short Term Investments | 28.4M | 20.4M | 35.3M | 97.3M | 99.5M | 53.8M | |
Non Current Liabilities Total | 32.2M | 45.9M | 59.2M | 21.1M | 3.5B | 3.6B | |
Other Current Assets | 130.8M | 171.7M | 821.3M | 423.7M | 627.0M | 658.3M | |
Other Stockholder Equity | 87.0M | 87.8M | 121.8M | 125.8M | (1.0) | (0.95) | |
Total Liab | 1.0B | 1.6B | 2.4B | 2.9B | 3.5B | 3.6B | |
Long Term Investments | 37.2M | 1.6B | 45.1M | 108.9M | 160.6M | 227.7M | |
Total Current Assets | 159.2M | 192.1M | 856.6M | 467.7M | 1.2B | 1.3B | |
Common Stock | 87.0M | 87.8M | 121.8M | 125.8M | 130.1M | 91.9M | |
Property Plant Equipment | 21.6M | 17.1M | 23.3M | 18.2M | 20.9M | 16.6M | |
Short Long Term Debt Total | 32.2M | 167.3M | 59.2M | 52.8M | 53.9M | 67.1M | |
Other Current Liab | (308K) | (154.2M) | (2.6M) | (21.1M) | (35.5M) | (37.3M) | |
Net Receivables | 3.0M | 8.6M | 8.1M | 28.2M | 35.9M | 37.7M | |
Common Stock Total Equity | 87.0M | 87.8M | 121.8M | 125.8M | 144.7M | 96.4M | |
Long Term Debt Total | 13.6M | 13.6M | 27.9M | 47.6M | 54.7M | 57.5M | |
Liabilities And Stockholders Equity | 1.1B | 1.8B | 2.6B | 3.1B | 3.8B | 2.1B | |
Property Plant And Equipment Gross | 21.6M | 24.2M | 23.3M | 23.2M | 40.2M | 23.6M | |
Accumulated Other Comprehensive Income | (32K) | 34K | 4K | (2.3M) | (469K) | (492.5K) | |
Intangible Assets | 350K | 298K | 269K | 183K | 164.7K | 285.0K | |
Net Invested Capital | 147.7M | 178.8M | 254.1M | 291.1M | 342.7M | 228.9M | |
Retained Earnings Total Equity | 37.2M | 52.4M | 79.4M | 120.0M | 138.0M | 144.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Coastal Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coastal Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coastal Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coastal Financial Corp Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coastal Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coastal Financial. If investors know Coastal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coastal Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.293 | Earnings Share 2.98 | Revenue Per Share 21.247 | Quarterly Revenue Growth 0.179 | Return On Assets 0.0106 |
The market value of Coastal Financial Corp is measured differently than its book value, which is the value of Coastal that is recorded on the company's balance sheet. Investors also form their own opinion of Coastal Financial's value that differs from its market value or its book value, called intrinsic value, which is Coastal Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coastal Financial's market value can be influenced by many factors that don't directly affect Coastal Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coastal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coastal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coastal Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.